Nifty Weekly Forecast for RBI Policy Week

By | September 29, 2019

 Last Week we gave Chopad of 11370 Nifty opened with a gap up and did not trigger our Chopad level. Coming week we have trading holiday on 02 Oct and 04 Oct being RBI Policy so good move can be expected in coming week.

Nifty Harmonic

Heading towards 12500 till we are holding above 11100.

Nifty Gann Angles

Heading towards /11800 till we are holding above 11225

Planetary Cycles and Nifty Movements

Bulls will become active above 11520 for a move back to 11600/11666/11740/11830. Bears will get active below 11476 for a move towards 11416/11370/11320/11270.

Nifty Supply and Demand

Self Explanatory chart..

Nifty Time Analysis Pressure Dates

Nifty As per time analysis  30 Sep/03 Oct is Pressure date , impulsive move can be seen around these dates.

Nifty Weekly Chart

Bulls will become active above 11520 for a move back to 11600/11666/11740/11830. Bears will get active below 11476 for a move towards 11416/11370/11320/11270.

Trading Monthly charts

Nifty Bulls need to hold 11370 for trend to remain bullish in Oct month and rally towards 11666/11740/11920

Nifty Weekly Chopad Levels

Nifty Trend Deciding Level:11476

Nifty Resistance:11540,11610,11666

Nifty Support:11420,11370,11321,11260

 Levels mentioned are Nifty Spot

Let me go by Disclaimer these are my personal views and trade taken on these observation should be traded with strict Sl.Please also read the detailed Disclaimer mentioned in the Right side of Blog.

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